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Cofeed: China Cotton Supply and Demand Estimates (Oct, 2020)

2020-10-10 www.cofeed.com
China Cotton Supply and Demand Estimates (Oct-Sep)
Item/Year 2017/18 2018/19 2019/20 20/21
(0,000 tonnes; 0,000 mu) Est. Est. Est.  Sep Proj.  Oct Proj.
Beginning Stocks 946 799 763 761 761
Planted Area 5352 5242 5152 5152 5152
Production 590 600 580 560 560
Imports 137 197 160 180 180
Total Supply 1673 1596 1503 1501 1501
           
Domestic Consumption 870 828 740 740 750
Exports 4 4.2 2 2 2
Total Consumption 874 832.2 742 742 752
           
Ending Stocks 799 763.8 761 759 749
Stocks-to-Use Ratio (%) 91.42% 91.78% 102.56% 102.29% 99.60%
Remarks: 1 mu=0.067 ha